-They're super cheap, I got it for 15 bux. Really really good bargain
-They sound great (to my untrained ears), very even. I'm not an audiophile, but i can tell you without a doubt that they won't sound bad.
-The cord and the memory wire can be a pro or a con. The cord is built like a tank, and if you know how to use the memory wire correctly, works wonders.
-Although the cord feels really strong, its "springy-ness" makes it hard to wrap up.
-Memory wire could potentially be a nuisance.
-I don't know if its just me, but the ear tips over time slip out easier.
Also, if you decide to remove the memory wire, you can still either use the headphones by still looping it around your ear, or switch the orientation of the headphones (left bud to right ear, right bud to left ear) and put them in regularly. The only issue with putting it in regularly is that its not too easy getting the right fit.